{"id":21396,"date":"2024-04-15T13:50:49","date_gmt":"2024-04-15T13:50:49","guid":{"rendered":"https:\/\/www.writemyessays.app\/blog\/questions\/the-uk-faces-persistent-inflation-making-it-an-outlier-compared-to-other-major-economies-china-has-fallen-into-deflation-while-the-us-and-eurozone-show-moderate-price-pressures\/"},"modified":"2024-04-15T13:50:49","modified_gmt":"2024-04-15T13:50:49","slug":"the-uk-faces-persistent-inflation-making-it-an-outlier-compared-to-other-major-economies-china-has-fallen-into-deflation-while-the-us-and-eurozone-show-moderate-price-pressures","status":"publish","type":"questions","link":"https:\/\/www.writemyessays.app\/blog\/questions\/the-uk-faces-persistent-inflation-making-it-an-outlier-compared-to-other-major-economies-china-has-fallen-into-deflation-while-the-us-and-eurozone-show-moderate-price-pressures\/","title":{"rendered":"The UK faces persistent inflation, making it an outlier compared to other major economies. China has fallen into deflation, while the US and eurozone show moderate price pressures."},"content":{"rendered":"<div style=\"margin: var(--page-margin); cursor: auto; color: inherit;\" data-loaded=\"true\" aria-label=\"Page 4\" data-page-number=\"4\">\n<div style=\"line-height: 1; cursor: auto; color: inherit;\">\n<div style=\"margin: var(--page-margin); cursor: auto; color: inherit;\" data-loaded=\"true\" aria-label=\"Page 3\" data-page-number=\"3\">\n<div style=\"line-height: 1; cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">The UK is struggling to subdue a persistent inflation problem \u2013 leaving it an outlier<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">compared to other major economies. China has fallen into deflation, while in the US<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">and the eurozone there are signs that price pressures are moderating.\u201d (1)<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">In July 2023 inflation rate fell slightly from 7.9 percent in June to 6.8. But then it<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">increased to 7.1 percent in August.<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">E<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">xamine why inflation in the UK is persistent and evaluate whether the<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">policies adopted by the Bank of England are effective. Use any relevant<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">economic theory and diagrams to support your arguments.<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">Your conclusion<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">should clearly answer the question:<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">What can the UK do about<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">its inflation problem?<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">In your answer you are required to refer to your Anderton textbook and the<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">following articles<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">:<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">1.<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">What can the UK do about its inflation problem?<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">https:\/\/www.ft.com\/content\/23d87d51-0a9a-485b-bce2-d0ba3b77210c<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">2.<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">Bank of England embraces for bump in the road in fight against inflation &#8211;<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">https:\/\/www.ft.com\/content\/e3801211-c55c-49b5-8b12-e0c2b09bc03d<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">3.<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">Monetary Policy Report \u2013 August 2023<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">https:\/\/www.bankofengland.co.uk\/monetary-policy-report\/2023\/august-2023<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">4.<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">Monetary Policy Report \u2013 September 2023 (to be published on 0\/09\/2023)<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">5.<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">Why the climate crisis means higher prices &#8211;<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">https:\/\/neweconomics.org\/2023\/07\/why-the-climate-crisis-means-higher-<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">prices<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 12.0795px; cursor: auto; color: inherit;\">Page<\/span><span style=\"font-size: 12.0795px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 12.0795px; cursor: auto; color: inherit;\">3<\/span><span style=\"font-size: 12.0795px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 12.0795px; cursor: auto; color: inherit;\">of<\/span><span style=\"font-size: 12.0795px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 12.0795px; cursor: auto; color: inherit;\">13<\/span><\/p>\n<div style=\"cursor: auto; color: inherit;\"><\/div>\n<\/div>\n<div style=\"cursor: auto; color: inherit;\" data-main-rotation=\"0\">\n<section style=\"cursor: auto; color: inherit;\" data-annotation-id=\"45R\"><a style=\"font-size: 1em; cursor: auto;\" data-element-id=\"45R\"><\/a><\/section>\n<section style=\"cursor: auto; color: inherit;\" data-annotation-id=\"46R\"><a style=\"font-size: 1em; cursor: auto;\" data-element-id=\"46R\"><\/a><\/section>\n<section style=\"cursor: auto; color: inherit;\" data-annotation-id=\"47R\"><a style=\"font-size: 1em; cursor: auto;\" data-element-id=\"47R\"><\/a><\/section>\n<section style=\"cursor: auto; color: inherit;\" data-annotation-id=\"48R\"><a style=\"font-size: 1em; cursor: auto;\" data-element-id=\"48R\"><\/a><\/section>\n<section style=\"cursor: auto; color: inherit;\" data-annotation-id=\"49R\"><a style=\"font-size: 1em; cursor: auto;\" data-element-id=\"49R\"><\/a><\/section>\n<\/div>\n<\/div>\n<div style=\"margin: var(--page-margin); cursor: auto; color: inherit;\" data-loaded=\"true\" aria-label=\"Page 4\" data-page-number=\"4\">\n<div style=\"cursor: auto; color: inherit;\"><\/div>\n<div style=\"line-height: 1; cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">In the essay,<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">you<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">must<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">use the following three sources:<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">\uf0b7<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">Your textbook<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">\uf0b7<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">At least two of the sources the teacher recommended for each of the<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">titles<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">\uf0b7<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">At least one other academic source<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">Additionally,<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">you<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">may<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">use other academic sources, broadsheets, and<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">reputable<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">data bases<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">(we do encourage you to use databases).<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">Finally, when appropriate, you should use relevant diagrams. Although you<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">are not directly penalised for not using relevant diagrams, it is usually difficult<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">to show enough knowledge and application without using them in this<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">subject.<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">Remember:<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">Unacceptable sources (e.g., Wikipedia, Investopedia, Tutor2Tutor, blogs, revision<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">notes) will lose you marks for sources and research. If in doubt about the quality of<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">your sources, talk to you teacher.<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">1.4.<\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\"> <\/span><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">All sources need to be cited in the text and referenced at the Reference<\/span><br style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 16.1061px; cursor: auto; color: inherit;\">List at the end of each essay<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The UK is struggling to subdue a persistent inflation problem \u2013 leaving it an outliercompared to other major economies. China has fallen into deflation, while in the USand the eurozone there are signs that price pressures are moderating.\u201d (1)In July 2023 inflation rate fell slightly from 7.9 percent in June to 6.8. But then itincreased [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[43],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/21396"}],"collection":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/comments?post=21396"}],"version-history":[{"count":0,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/21396\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/media?parent=21396"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/disciplines?post=21396"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/paper_types?post=21396"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/tagged?post=21396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}